At the end of December 31, 2020, the Food and Beverage division's accounts for the Georgian...

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At the end of December 31, 2020, the Food and Beverage division's accounts for the Georgian Lodge Resort are as follows. $175,000 80,000 3,000 2,000 Costs of Goods Departmental Wages Allocated Advertising Expense (Indirect) Allocated Insurance Expense (Indirect) Revenue Allocated Rent Expense (Indirect) Allocated Marketing Expense (Indirect) Income Tax on Operating Profit Allocated Maintenance Expense (Indirect) 350,000 10,000 2,000 13,000 38,000 Answer below - Do not use a, $ or % sign - No punctuation please. Round to the nearest whole number, No decimals. 1.Gross Profit is | 2.Contributory Income is 3.Gross Operating Income is 4.Net Profit after Tax is 5.Gross Profit as a % of Total Revenue is Round to the nearest whole number, No decimals. At the end of December 31, 2020, the Food and Beverage division's accounts for the Georgian Lodge Resort are as follows. $175,000 80,000 3,000 2,000 Costs of Goods Departmental Wages Allocated Advertising Expense (Indirect) Allocated Insurance Expense (Indirect) Revenue Allocated Rent Expense (Indirect) Allocated Marketing Expense (Indirect) Income Tax on Operating Profit Allocated Maintenance Expense (Indirect) 350,000 10,000 2,000 13,000 38,000 Answer below - Do not use a, $ or % sign - No punctuation please. Round to the nearest whole number, No decimals. 1.Gross Profit is | 2.Contributory Income is 3.Gross Operating Income is 4.Net Profit after Tax is 5.Gross Profit as a % of Total Revenue is Round to the nearest whole number, No decimals.

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To calculate the required values we need to subtract the relevant expenses from the revenue 1 Gross ... View the full answer